Lost Rabbit subdivison in Madison County stalls over improvement district

3:00 PM,
Apr. 3, 2013

Written by

Lucy Weber
lweber@jackson.gannett.com

James and Melissa Findley bought a lot for their dream home when they got engaged in 2009.

But in another two years, the couple, now with a 6-month-old daughter, will lose their still undeveloped plot of land in Lost Rabbit subdivision to a buyer at the Madison County tax sale. The Findleys say they are more than willing to pay the taxes on the property, but it's the extra $4,700 due annually that's the problem.

"We've tried to pay the taxes, but we can't pay the tax without the special assessment," James Findley said, adding that they originally were told the assessment would be $700 a year. ...